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Make bailed out companies hold meetings in Detroit!

I've recently been giving some thought to how we can help Detroit get out of its rut.

And what a rut it is: The average home price is hovering around $6,000 and vacancy rates are soaring as everyone who can find somewhere else to go flees Detroit. I suggested making Detroit into a retirement community, but now I have a better idea: Make AIG (NYSE: AIG), Bank of America (NYSE: BAC), and Citigroup (NYSE: C) executives have their little conventions there.

Continue reading Make bailed out companies hold meetings in Detroit!

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S&P 500+4.981,110.63

Last updated: November 27, 2009: 04:28 AM

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